DEG 0.34% $1.45 de grey mining limited

Ann: Hemi confirms potential for major discovery, page-563

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  1. 2,038 Posts.
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    conglo is a 'wake me up if it happens' type of deal. I do appreciate the story, tho, because its why DEG was on my watchlist in the first place!!

    correct me if Im wrong, but they tossed DEG a million or so to sign the deal, and there might be another million in 3 years time if they want to keep 'exploring' the gravel.

    If one day in the far, far future NVO is economically mining gravel on DEG land, DEG gets 20%.

    I mean, its not going to make any material difference in the short term but if couldnt hurt if NVO starts making money. It will attract positive attention to the whole area.
    Last edited by stefoid: 14/02/20
 
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